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DeFi

Decentralized Finance, the ecosystem of financial applications and services built on public blockchains.

Top Stories

Machi Big Brother's Hyperliquid Losses Top $80M as He Sells Bored Apes for Margin

Machi Big Brother's Hyperliquid Losses Top $80M as He Sells Bored Apes for Margin

The trader's latest Ethereum liquidation came without a fresh deposit to backstop it, a first in a months-long losing streak tracked onchain.

Recent articles

defi.com CEO Neil May Challenges Industry: "Most DeFi Projects Are Building Privacy for Anonymity, Not Privacy for People"

defi.com CEO Neil May Challenges Industry: "Most DeFi Projects Are Building Privacy for Anonymity, Not Privacy for People"

As the DeFi sector rushes to integrate zero-knowledge proofs and privacy pools, defi.com CEO Neil May has issued a sharp rebuke to the industry: the vast majority of privacy solutions are solving the wrong problem.
DeFi Saver announces Reward program as part of Hyperliquid integration

DeFi Saver announces Reward program as part of Hyperliquid integration

DeFi Saver has officially integrated Hyperliquid, the leading perpetual futures DEX, bringing futures trading and DeFi lending into one unified interface. A 50,000 USDC two-season incentives campaign opens June 8th.
Improbable invests $2M in Otomato to scale the first portfolio-aware intelligence layer for DeFi

Improbable invests $2M in Otomato to scale the first portfolio-aware intelligence layer for DeFi

Venture builder Improbable has invested $2 million in Otomato, the portfolio-aware DeFi intelligence layer that monitors users' on-chain positions 24/7 and alerts them when something materially changes their risk, cost, or opportunity.
ARIQO Makes Its Bangkok Debut at SEABW, Drawing Industry Attention

ARIQO Makes Its Bangkok Debut at SEABW, Drawing Industry Attention

On May 21, ARIQO, an onchain financial platform, made its first public appearance at Southeast Asia Blockchain Week (SEABW) in Bangkok.
Raydium Surpasses $1T in Volume Following Robinhood and Revolut Listings

Raydium Surpasses $1T in Volume Following Robinhood and Revolut Listings

Two regulated consumer finance platforms serving more than 75 million users across the US, UK, and EU have listed RAY within a month.
 World Launches Onchain Prediction Market on Solana Through Phantom

World Launches Onchain Prediction Market on Solana Through Phantom

The platform, unmasked in late June after two-plus years as an anonymous "Trade Everything" teaser account, opens trading in Phantom's CASH stablecoin and leans on Chainlink oracles instead of human-run resolution.
Drift Protocol Rebrands to Velocity DEX Ahead of Relaunch

Drift Protocol Rebrands to Velocity DEX Ahead of Relaunch

Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, with a private beta planned in the coming days as the platform rebuilds after a $295M April exploit.
Machi Big Brother's Hyperliquid Losses Top $80M as He Sells Bored Apes for Margin

Machi Big Brother's Hyperliquid Losses Top $80M as He Sells Bored Apes for Margin

The trader's latest Ethereum liquidation came without a fresh deposit to backstop it, a first in a months-long losing streak tracked onchain.
Phantom Hires Ventuals Founders After Hyperliquid Perps Venue Winds Down

Phantom Hires Ventuals Founders After Hyperliquid Perps Venue Winds Down

The Solana wallet is bringing on the three-person team behind a pre-IPO perpetuals platform, deepening its push into derivatives.
Magic Eden, Founders Sued by $ME Buyers Over Broken 'Utility' Promises

Magic Eden, Founders Sued by $ME Buyers Over Broken 'Utility' Promises

A nationwide class action in New York accuses the NFT marketplace and its four co-founders of marketing the token's use cases, then delaying or abandoning them as $ME fell roughly 99% from launch